[Funding News] Economy Process Solutions Secures $12 Mn Series A Funding

Economy Process Solutions, a company specializing in the design and supply of process equipment and vacuum systems, has secured Rs 100 crores ($12 million) in a Series A funding round led by Stakeboat Capital Fund II.

The investment is intended to boost the company’s global reach, accelerate growth, broaden its variety of internally produced goods, and penetrate new markets.

Economy Process Solutions offers a wide range of high-quality equipment tailored to meet specific needs. Its product portfolio includes thin film dryers/evaporators, short-path distillation units, heat exchangers, nutsche filter dryers, vacuum paddle dryers, and more.

Over the next four to five years, Economy, which has production facilities in Chakan, Pune, hopes to grow both domestically and internationally

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